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Axis Money Market Fund (Direct)

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Axis Mutual Fund · Money Market Fund

7.39%
a year over the last 3 years
Latest priceNAV Rs 1576.66as of 09-Nov-2026
Rank by 3-year return2 of 23Direct Money Market Fund
Rs 10,000 put in 3 years agoRs 12,385before tax

Compare with another fundAll Money Market Fund funds

NAV chart

+0.41% in the last month
1,5691,5721,5766 Oct 20266 Nov 2026
+1.51% in the last 3 months
1,5501,5641,5776 Aug 20266 Nov 2026
+3.38% in the last 6 months
1,5181,5491,5807 May 20266 Nov 2026
+6.48% in the last year
1,4721,5281,5837 Nov 20256 Nov 2026
+23.76% in the last 3 years (7.39% a year)
1,2491,4241,60010 Nov 20236 Nov 2026
+39.00% in the last 5 years (6.83% a year)
1,0981,3541,61112 Nov 20216 Nov 2026

Daily NAVs for the last 6 months and weekly NAVs before that, from AMFI. Charts show the NAV (the price of one unit), not your return after tax.

Returns compared with the category

PeriodThis fundCategory avgGap
1M0.40%0.38%▲ 0.02 pts
3M1.56%1.51%▲ 0.05 pts
6M3.43%3.35%▲ 0.08 pts
1Y6.52%6.41%▲ 0.11 pts
3Y7.39%7.27%▲ 0.12 pts
5Y6.83%6.67%▲ 0.16 pts
10Y–6.62%–

Returns under 1 year are absolute; 1 year and above are per year (CAGR). Category average is the simple average of all Direct Growth schemes in the category.

How fast has money doubled here?

At the fund’s 3-year pace of 7.39% a year, an amount would double in about 9.7 years.

This is arithmetic on a past return, not a forecast. Returns change every year.

Fund facts

Fund houseAxis Mutual Fund
Category (AMFI)Money Market Fund
Launch date26-Jul-2019
Minimum amount (AMFI scheme data)Rs. 5000 and in multiples of Re 1/- thereafter
Latest NAV date09-Nov-2026
AMFI scheme code147567
ISININF846K01Q62

Source: AMFI (Association of Mutual Funds in India) published NAVs and scheme data. Returns, charts and rankings are computed by MyFinanceBandhu from those NAVs; they ignore taxes, exit load and the timing of your own investments. Figures are for the Direct plan, Growth option. Past performance does not indicate future returns, and the doubling time and rupee illustrations above are arithmetic on past figures, not forecasts. This page is education, not advice; MyFinanceBandhu is not a SEBI-registered investment adviser and does not recommend any fund. Mutual fund investments are subject to market risks; read all scheme related documents carefully.